Entrepreneurs Who Made Millions By Selling Their Startup

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Sabeer Bhatia and Jack Smith

Sabeer Bhatia and Jack Smith, founders, HotmailSabeer Bhatia and Jack Smith became millionaire when Microsoft acquired their company Hotmail for a whooping amount of $400 million. Hotmail was one of the first web-based email service that was launched in 1999. Shortly after the acquisition, the brand was renamed as MSN Hotmail. Sabeer worked at Microsoft for a little over a year after the acquisition, but soon let the company to start another venture, Arzoo, an e-commerce form.